NZD/SEK - 1H - Technical analysis published on 09/17/2021 (GMT)
- 169
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 6.1132 SEK
My targets
6.0747 SEK (-0.0257)
6.0044 SEK (-0.0960)
My analysis
The bearish trend is currently very strong for NZD/SEK. As long as the price remains below the resistance at 6.1132 SEK, you could try to take advantage of the bearish rally. The first bearish objective is located at 6.0747 SEK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.0044 SEK as an objective. Crossing it would then enable sellers to target 5.9297 SEK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/SEK price is 6.1004 SEK. The price has increased by +0.08% since the last closing and was traded between 6.0863 SEK and 6.1067 SEK over the period. The price is currently at +0.23% from its lowest and -0.10% from its highest.6.0863
6.1067
6.1004
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/SEK:
Technical
A technical analysis in 1H of this NZD/SEK chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.0044 | 6.0747 | 6.0949 | 6.1004 | 6.1053 | 6.1132 | 6.1249 |
| Change (%) | -1.57% | -0.42% | -0.09% | - | +0.08% | +0.21% | +0.40% |
| Change | -0.0960 | -0.0257 | -0.0055 | - | +0.0049 | +0.0128 | +0.0245 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0284 | 6.0595 | 6.0776 | 6.1087 | 6.1268 | 6.1579 | 6.1760 |
| Camarilla | 6.0823 | 6.0868 | 6.0913 | 6.0958 | 6.1003 | 6.1048 | 6.1093 |
| Woodie | 6.0220 | 6.0563 | 6.0712 | 6.1055 | 6.1204 | 6.1547 | 6.1696 |
| Fibonacci | 6.0595 | 6.0783 | 6.0899 | 6.1087 | 6.1275 | 6.1391 | 6.1579 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0100 | 6.0454 | 6.0926 | 6.1280 | 6.1752 | 6.2106 | 6.2578 |
| Camarilla | 6.1172 | 6.1248 | 6.1323 | 6.1399 | 6.1475 | 6.1550 | 6.1626 |
| Woodie | 6.0160 | 6.0484 | 6.0986 | 6.1310 | 6.1812 | 6.2136 | 6.2638 |
| Fibonacci | 6.0454 | 6.0769 | 6.0964 | 6.1280 | 6.1595 | 6.1790 | 6.2106 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.8168 | 5.8936 | 5.9863 | 6.0631 | 6.1558 | 6.2326 | 6.3253 |
| Camarilla | 6.0324 | 6.0479 | 6.0635 | 6.0790 | 6.0945 | 6.1101 | 6.1256 |
| Woodie | 5.8248 | 5.8976 | 5.9943 | 6.0671 | 6.1638 | 6.2366 | 6.3333 |
| Fibonacci | 5.8936 | 5.9584 | 5.9984 | 6.0631 | 6.1279 | 6.1679 | 6.2326 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.73 | |
| MACD (12,26,9): | -0.0043 | |
| Directional Movement: | -3.9240 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 6.0961 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.1034 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 6.1174 | |
| Zig ZAG (10): | 6.0984 | |
| VORTEX (21): | 0.8162 | |
| Stochastique (14,3,5): | 48.19 | |
| TEMA (21): | 6.0927 | |
| Williams %R (14): | -49.22 | |
| Chande Momentum Oscillator (20): | -0.0101 | |
| Repulse (5,40,3): | 0.1154 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0093 | |
| Courbe Coppock: | 0.54 |
| MA7: | 6.1147 | |
| MA20: | 6.0869 | |
| MA50: | 6.0625 | |
| MA100: | 6.0309 | |
| MAexp7: | 6.0971 | |
| MAexp20: | 6.1014 | |
| MAexp50: | 6.1063 | |
| MAexp100: | 6.1108 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | +1.15% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -0.17% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NZD/SEK - 1H